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Zack Leroy
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1675 Us Route 5 South, Fairlee, VT 05045

$863,000
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Active
SQUARE FEET4,103 MLS#5069106
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRivendell Interstate Sch Dist

Listing Courtesy of: Tesla Realty Group, LLC
Agency Phone: 844-837-5274
Associate Name: Loren Wehmeyer
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Property Description

Excellent investment opportunity in the Upper Valley! This well-maintained multifamily property features two buildings on one parcel, offering a total of eight residential units and two rented storage spaces. The unit mix includes four studios, three one-bedroom apartments, and one two-bedroom unit, providing a diverse range of housing options with strong rental demand. Conveniently located just 22 minutes from Hanover, NH, this property combines accessibility with a country setting. The buildings sit on a spacious lot with a large backyard, creating privacy and outdoor enjoyment for tenants. Recent upgrades (2020) include new windows, all-new plumbing supply lines, pressure tank, water softener, added insulation, four new kitchens, four new Rinnai heaters, and improvements to a relatively new septic system, ensuring efficient and low-maintenance operation for years to come. Tenants pay their own electric, and six of the eight units pay their own heat, keeping owner expenses minimal. The property also features on-site coin-operated laundry for tenant convenience. This is a turnkey investment with a strong income stream and proven rental history?perfect for investors seeking stable returns in a desirable Upper Valley location. Listing agent has an ownership interest in the property.

1675 Us Route 5 South | MLS# 5069106

This multi-family property located at 1675 Us Route 5 South, Fairlee, VT 05045 is currently listed for sale with an asking price of $863,000. Us Route 5 South is located within the Rivendell Interstate Sch Dist school district. Search Fairlee real estate on zackleroy.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Gravel, Insulated, Unfinished, Exterior Access, Basement Stairs
Cooling: None
Heating: Propane, Oil, Baseboard, Hot Water, Individual
Home Style: Multi-Family
Lot Size: 2.00 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $6,125
Year Built: 1954

Feature Descriptions

Color: Yellow
Construction: Concrete Exterior
Construction Status: Existing
Days on Site: 125
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Concrete Exterior
Flood Zone: No
Foundation: Block
Foundation: Block
Lot: Level
Parking: Parking Spaces 11 - 20
Roads: Public Maintained Road
Sewer: Septic
Sq. Ft. Above Grade Finished: 4103
Sq. Ft. Total Finished: 4103
Total Stories: 1
Units: 8
Water: Drilled Well
Zoning: Mixed use

Local Schools

High School: Rivendell Academy
Elementary School: Samuel Morey Elementary
School District: Rivendell Interstate Sch Dist

Listed By / Shown By

Listed By

Agency Name: Tesla Realty Group, LLC
Agency Phone: 844-837-5274
Agent Name: Loren Wehmeyer

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Shown By

Agent Name: Zack Leroy
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 2,682.79 per month $1,920.66 Principal & Interest $510.42 Property Tax $251.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/16/2026. The listing information on this page last changed on 03/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/16/2026 12:02:07 AM EST) or MLSPIN MLS (last updated Sun 03/15/2026 11:38:19 PM EST) or Prime MLS (last updated Sun 03/15/2026 11:33:34 PM EST) or MREIS (last updated Sun 03/15/2026 11:55:19 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-03-15 23:33:34

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